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Helm life: Leadership lessons from global managing partners

Leading a global law firm is a 24/7 job. Catherine Baksi speaks with global managing partners to discover what they have learned in the role

18 June 2015

Global law firms are big businesses, with multimillion-pound turnovers and thousands of staff. Operating in a rapidly-changing and competitive legal and commercial landscape, they must be dynamic, recruit and retain the best talent, win the most prestigious clients, maintain their shiny reputations and, of course, increase their profitability to keep their partners happy.

To avoid being buffeted about on the turbulent ocean of change, it is more important than ever for these great galleons to have a steady hand at the wheel. The role of managing partner has evolved in most firms from that of a figurehead post dolled out to one of the partners nearing retirement to a vital strategic position.

Those who step up to become law firm leaders often give up successful practices to drive their organisation's culture and business, with varying degrees of success.

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